The Board of Directors of Brownwood Municipal Development District will hold a monthly meeting Tuesday, August 18, at 1:30 pm at Brownwood City Hall Council Chambers.  The meeting agenda is shown below.

Call the meeting to order.

Items to be withdrawn.

Introductions, Announcements and Recognitions.

The Board will consider approval of the minutes:

1. BMDD regular board meeting – July 21, 2020

Discussion and possible approval to award a bid for asbestos abatement for BMDD owned property located at 2605 Morris Shephard Drive.

Discussion and possible approval of the proposed 2020/2021 BMDD fiscal year   budget.

The Board will review the following financial reports:

1. Checklist – July
2. Income Statement – July
3. Loan and Incentive Summary – July
4. Sales Tax – Paid in August

The BMDD Board may convene into a closed executive session in the Haynes Conference Room, pursuant to the provisions of the Open   Meetings Law, Chapter 551, Government Code Vernon’s Annotated, in accordance with the authority contained in the following section:

1. Discussion of a Building Improvement Incentive Program Grant (BIIP) for a downtown business.
2. Discussion of a possible expansion at a manufacturing company in Brownwood.
3. Discussion of a possible amendment to an economic development agreement between the BMDD and a local business.

The Board will reconvene and take any action necessary as a result of the Executive Session.

Adjournment